Episode 113 — WeChat, China, and Apple
Exponent
00:00
The Conspicuous Consumption Point of China
WeChat has undifferentiated the phone from the moment you pick it up and turn it on. It's effectively it doesn't matter what kind of phone you're on they're all the same I completely agree with your point to be clear. The iPhone is competing on a fashion basis or a a fad sort of basis which you can make good money but it's much harder and much less sustainable than a built in advantage of Apple joys.
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